A
1 only
B
Neither 1 nor 2
C
2 only
D
Both 1 and 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because PRIP targets priority areas such as New Chemical Entities, Biosimilars, and High-End Medical Devices. Statement 2 is incorrect as the scheme focuses on promoting breakthrough drug discovery and research, not retail drug subsidization.
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